Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -27.92% first-year return on $299k initial cash invested.
-27.92%
Cash On Cash
0.42%
Cap Rate
0.07
DSCR
$2,829
Rent
-$6,962
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,829 income − $9,791 expenses = $6,962 out of pocket
Investment Breakdown
|
Purchase Price
$1425k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$299k
Downpayment
20%
$285k
Closing costs
1%
$14,250
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,829
Total Expenses
$9,791
Mortgage P&I
259%
$7,314
Property Taxes
34%
$968
Home Insurance
18%
$499
HOA
10%
$275
Property Management
10%
$283
CapEx
5%
$141
Vacancy
6%
$170
Maintenance
5%
$141
Other
0%
$0